DUG Canada 2013 Show Report - Amazon S3 · DUG Canada 2013 Show Report Speakers at the second...
Transcript of DUG Canada 2013 Show Report - Amazon S3 · DUG Canada 2013 Show Report Speakers at the second...
DUG Canada 2013 Show Report
Speakers at the second annual DUG Canada Conference & Exhibition in Calgary offered fresh insights into the ongoing unconventional revolution that is upending the traditional Canadian E&P industry. The conference opened with a thoughtful address by The Honorable Ken Hughes, Minister of Energy, Province of Alberta. Hughes said tidewater access is crucial for Alberta producers, who have been suffering from punishing differentials due to restricted
export markets.
Financing routes are as important as pipeline routes to Canadian unconventional producers. Canadian officials have estimated a need for C$650 billion worth of investment in the next 10 years to realize just oil and gas projects, said panelist Richard Dunn, vice president of Encana Corp. “The importance of foreign investment in the Canadian natural gas industry has a key role in commercializing the world-class natural gas resource we have in this country,” he said. In particular, Asian interest in Canada and its potential as an LNG
supplier is heating up. Shinya Miyazaki, CEO, Diamond Gas Management Canada Ltd., a Calgary-based subsidiary of Mitsubishi, said that Japan looks at such considerations as supply stability, price competitiveness and involvement in the value chain in its LNG suppliers. Meanwhile, Victor Ojeda, managing director, LNG Canada Project, Shell Canada Ltd., cautioned that only a small group of companies have the global experience
Peggy Williams
Kevin Heffernan
necessary to succeed in the highly competitive LNG sector. Michael Culbert, president and CEO of Progress Energy, spoke about the exciting combination of Progress and Petronas, and their plans to develop and export Montney gas. Play-focused talks centered on the Duvernay, Montney and Bakken. Encana Corp.’s Duvernay team leader Brendan McCracken said the industry was running 21 rigs in the emerging Duvernay shale play, and 95 wells have been drilled to date. Early indications are that the Duvernay will mature into a world-class resource play. Talisman Energy vice president Mike Wood noted that his firm’s current position in the Montney includes access to 29 trillion cubic feet equivalent (Tcfe) of natural gas, including 5,700 potential well locations. “The name of the game in Canada is getting your costs down,” Wood told DUG Canada attendees. Gibson Scott, director of energy research for ITG Inc., dissected the Canadian and US Bakken plays. While many believe that “all Bakken is created equal, ” differences in geology play a strong role in creating two very different resource plays, he said. Conference attendees also heard from John Gibson, Jr., president and CEO of Tervita, and Ian Anderson, president of Kinder Morgan Canada, on themes of securing the social license to operate and steps to take to ensure strong community participation in Canada’s massive new resource projects. Many more distinguished speakers added rich content throughout the event. The take-away? Canada is in the early stages of a great new phase in its long history of resource development. Once focused on the North American markets, Canadian producers now see the world as their oyster. Peggy Williams Kevin Heffernan Editorial Director President Hart Energy Canadian Society of Unconventional Resources (CSUR)
Did you meet these industry leaders while at DUG Canada?
COO BC Oil and Gas Commission
President and CEO Blaze Energy Ltd.
President & COO Canadian Spirit Resources Inc.
VP Exploration & Development Devon Canada Corp.
CEO Diamond Gas Management
Canada Ltd.
President Dycor Technologies Ltd.
Vice President Encana Corp.
President GEODynamics
Executive Vice President Glencoe Resources Ltd.
President Hanna Oil & Gas Company - Canada
Vice President Hanna Oil & Gas Company -
Canada
Vice President Jefferies & Co., Inc.
President Kinder Morgan Canada
CFO Kanata Energy Group
President and CEO Kanata Energy Group
Vice President Kern Partners Ltd.
SVP Business Development Legado Resources
President Merrick International
Partner and Managing Director Morgan Stanley Private Equity
COO Mosaic Energy
Vice President Murphy Exploration &
Production Co.
Vice President Northern Blizzard Resources Inc.
VP Operations Petroleum Processors Inc.
President and CEO Progress Energy Canada Ltd.
VP Engineering & Operations Sabre Energy Ltd.
VP Exploration Sabre Energy Ltd.
SVP Sojitz Energy Venture Inc.
President and CEO Talisman Energy Inc.
VP Global Development Talisman Energy
President & CEO Tervita
CEO Unconventional Gas Resources
President Unconventional Gas Resources
President & CEO Zodiac Exploration Inc.
Did you listen to these informative speakers?
Fernando Aguilar COO
Calfrac Well Services
Ian Anderson President
Kinder Morgan Canada
Michael Culbert President and CEO
Progress Energy Canada Ltd.
Kevin Cumming President and CEO
Kanata Energy Group
Richard Dunn Vice President Encana Corp.
Andy Evans Senior VP & Director ARC Financial Corp.
Donna Garbutt President
Schlumberger Canada Ltd.
John Gibson Jr. President & CEO
Tervita
Honorable Ken Hughes Minister of Energy
Government of Alberta
Hal Kvisle President and CEO
Talisman Energy Inc.
Bradley Lock SVP, Liquids Business Unit
Keyera Corp.
Bill Marko Managing Director Jefferies & Co., Inc.
Brendan McCracken Team Lead, Duvernay
Encana Corp.
Shinya Miyazaki CEO
Diamond Gas Management Canada Ltd.
John Moon Partner and
Managing Director Morgan Stanley Private Equity
Victor Ojeda General Manager - LNG
Shell Canada Ltd.
Ken Paulson COO
BC Oil and Gas Commission
Gibson Scott Director, Energy Research ITG Investment Research
Peggy Williams Editorial Director
Hart Energy
Mike Wood VP, Montney Shale
Division Talisman Energy Inc.
DUG Canada Statistics: Attendees Exhibits and Sponsors
Total Attendees 624 ● Total Exhibitors 43 ● Total Sponsors 17
DUG Canada Statistics:
International Countries Represented - 8 Canada Ghana Italy Malaysia
Nigeria South Africa United Arab Emirates United States
Canadian Provinces Represented - 4
Alberta British Colombia Manitoba Quebec
United States Represented - 19 Arizona California Colorado Illinois
Kansas Louisiana Maine Maryland
Michigan New York Ohio Oklahoma
Pennsylvania Tennessee Texas Utah
Washington Wisconsin Wyoming
Save the Date – February 24 – 26, 2014
The Third DUG Canada Conference and Exhibition will explore the depth and breadth of Canada’s unconventional plays. Beyond their key geological and geophysical parameters additional conference agenda topics include: • Money and metrics • Environment and operating excellence • Completions and cost control • Export opportunities and options For 2014, we plan to provide an agenda that is as informative and pertinent as those we deliver for Hart’s DUG Series Conferences in the US. Make your plans to attend the conference in February 24 – 26, 2014 at the TELUS Convention Centre.
Attendees by Job Function:
Attendees by Company Type:
Admin./Other/ Communications/
4% Consulting
7%
Engineering Management/
R&D 12%
Engineering/ Technical/Field Ops.
22%
General/ Corporate
Management 30%
Purchasing/ Procurement/
IT 1%
Sales/Marketing 24%
Banking/ Finance/
Consulting 16%
Engineering/ Drilling /Geology
7%
Government/ Other
4%
Manufacturing 11%
Midstream: Terminal/Storage/
Processing 5%
Oil and Gas Operator
40% Service/Supply 17%
Companies Represented - 264
3esi Agar Canada Corp. Agora Financial
Alberta Energy, Government of Alberta
American Tradeshow Anadarko Petroleum Corp.
Anvil Corp. Apache Canada Ltd. Applied Cryo Technologies
ARC Financial Corp. ARC Resources Arcis Seismic Solutions
Argus Media Inc. Ariel Corp. ATB Corporate Financial Services
ATCO Energy Solutions Atlas Resin Proppants Baker Hughes Inc.
BASF Basin Supply BC Oil & Gas Commission
Bennett Jones, LLP Bentek Energy BG Group
Black Spruce Merchant Capital
Black Swan Energy Ltd. Blaze Energy Ltd.
Bloomberg Tradebook BMO Capital Markets BOS Solutions
BWFS Industries, LLC Cabra Consulting Ltd. Calfrac Well Services Ltd.
Calgary Herald Calmena Energy Services Canadian Discovery Ltd.
Canadian International Oil Corp.
Canadian Natural Resources Ltd. Canadian Society for
Unconventional Resources
Canadian Spirit Resources Inc.
Canawest Technologies Inc. Canbriam Energy
Cando Carbo Caterpillar Financial
CBC Calgary News Cenovus Energy Inc. CertainTeed Corp.
CESI Chemical CETCO Chevron
CN Railway ConocoPhillips Canada Consulate-General of Japan
Corpro Group Cortex Business Solutions D&I Railroad
D.A. Nolt Inc. Deloitte LLP Detechtion Technologies
Devon Canada Corp. DFI Co. Diamond Gas Management Canada
Dontech Ltd. Dragon Products Drillinginfo
Drive Rental Corp. Dycor Technologies Ltd. Earth Communications
Emkade Distribution Inc. Enbridge Encana Corp.
EnCap Flatrock Midstream Enerflex Energy Navigator Inc.
Energy Resources Conservation Board
Energy Spectrum Enerplus Corp.
Enersight Enviro Energy - CCST Singapore Pte. Ltd.
Envirosafety Technologies
ESG Solutions Exterran ExxonMobil
Ferus Inc. FlexSteel Pipeline Technologies Ltd. FMC Technologies
Forta Corp. Fortis Alberta Inc. Forum Energy Technologies
Franco-Nevada Corp. Gaffney, Cline & Associates Galaxy Broadband Communications
Gas Drive Global GE Power and Water GEO Dynamics
Geo Logic Systems Geoforce Glencoe Resources Ltd.
Golder Associates Government of Alberta Grantech International
Greenstar Building Systems GTR Gas Tech Canada Guggenheim Partners
Hammerhead Industrial Hose Hanna Oil & Gas Co., Canada Harvest Operations Corp.
HB Rentals LC Hess Corp. Horizon Power Systems
Hunt Oil Co.of Canada Inc. IFP Technologies (Canada) Inc. Imperial Oil Ltd.
Ingrain Inland Plastics Ltd. Innov-X Canada
Integrated Pipeline Projects Canada Ltd.
Integrated Production Services Interra Energy Services Ltd.
Intertape Polymer Group ION Geophysical ITG Investment Research
J.L. McNichol Consulting Inc. Jefferies & Co., Inc. JGC Energy Development (USA) Inc.
JuneWarren-Nickles Energy Group
Kanata Energy Group Kern Partners Ltd.
Keyera Corp. Kinder Morgan Canada Knowledge Reservoir
Laguna Tubular LDC Gas Forums Legado Resources
Loadcraft Industries Magnum Oil Tools Canada Ltd. Maine Pointe LLC
MAP Oil Tools MaxComm Communications Mazz Oilfield Servicers
McDaniel & Associates Consultants Ltd.
Merrick Morgan Stanley Private Equity
Mosaic Energy MRW Engineering Ltd. Murphy Exploration & Production
Murphy Oil Co. Ltd. Nalco Canada NAPE
NASi National Energy Board NCS Oilfield Services
NewsBase Nexans AmerCable Nexen Inc.
Nexeo Solutions NextEra Energy Resources Noble Energy
Noise Solutions Noresman North American Interpipe Inc.
Northern Blizzard Resources Inc.
NOVA Chemicals Nuco Exploration
NuVista Energy Ltd. Occidental Petroleum O'Hare Energy
Olympus NDT Canada Inc. Ontario Teachers' Pension Plan Oxy Corp.
Paco Equipment Pandell Technology Corp. Pembina Pipeline Corp.
Penn West Petroleum Ltd. PennWest Exploration Petroleum Listing Services
Petroleum Processors Inc. PetroSkills Plant Outfitters
Platts Precision Drilling Preferred Sands
Progress Energy Canada Ltd. Protek Systems PT Vartech Inti Cemerlang
Quorum Business Solutions Randall Gas Technologies Red Deer Ironworks Inc.
Rigdata Riveer Environmental Rockford Corp.
Sabre Energy Ltd. Safety Management Systems Safway Services Canada
SAIT Polytechnic Santrol/Fairmont Minerals Sasol Canada
Sasol Shared Services Saudi Aramco SCF Partners
Schlumberger Canada Ltd. Schramm Scotia Waterous
Seaweld Engineering SemCAMS Shaw
Shell Canada Ltd. Sidewinder Drilling Inc. Silver Lake Kraftwerk
Sinopec Daylight Energy Sintex Minerals and Services SM Energy Co.
Sojitz Energy Venture, Inc. Source Energy Services Southwestern Energy
Spartan Controls Ltd. Specialized Tech Inc. St. Brendan's Exploration Ltd.
Stabil Drill Stifel, Nicolaus & Company Inc. Stratley AG
Suncor Energy Inc. Talisman Energy Inc. TAQA North Ltd.
Target Logistics Tarpon Energy Services Ltd. TBM Sand & Storage Logistics LLC
TD Securities Tectonic Energy Consulting Tenaris
Tendeka Inc. Tervita Corp. Tetra Technologies Inc.
The Carlyle Group The Roughneck Magazine TMK IPSCO
Total Tracerco Trans Canada Pipeline
Transvision Shipping Tudor Pickering Holt & Co U.S. Consulate General Calgary
U.S. Silica Company Unconventional Gas Resources Unimin Corp.
UniversalPegasus International URS Corp. V&M USA Corp.
Vallourec & VAM Veresen Inc. Vermilion Energy
Wacker Neuson Watco Terminal and Port Services Weatherford
Weatherford Petroleum Consulting
Wells Fargo Energy Group Western Petroleum
Worley Parsons XTO Energy Zodiac Exploration Inc.
Canadians gathered to hear the industry leaders’ predictions on
the future of unconventional drilling.